The Greedy Trader Weekly Analysis
Sign In Apr 20, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Uptrend Exhaustion
Uptrend Exhaustion stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.
Stock trend chart following long term trend analysis and trend following indicator.
trend following,stock trend chart,trend following indicator,following long term trend
iShares MSCI Germany Index
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Price is near the Fibonacci 38.2% retracement level
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overboughtPrice has crossed above the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a third consecutive positive week for the iShares MSCI Germany Index (EWG). During the week, the EWG gained 0.80 points, or 2.49%, and closed at 32.89 on Friday, April 13, 2018. EWG was trading at average weekly trading volume.

Long-term trend: [See EWG long-term trend chart]
A long-term uptrend had started on June 27, 2016 at 22.51 and reached 35.87 on January 24, 2018. EWG gained -13.36 points, or -59.35%, in 82 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 32.56 and resistance is at 35.63. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See EWG medium-term trend chart]
A medium-term downtrend had started on January 24, 2018 at 35.87 and reached 31.20 on February 9, 2018. EWG lost 4.67 points, or 13.02%, in 2 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Weekly Technical Indicators: [See EWG weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since February 2, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See EWG short-term trend chart]
A short-term uptrend had started on March 23, 2018 at 31.27 and reached 33.00 on April 13, 2018. EWG gained -1.73 points, or -5.53%, in 21 days. The price is now at the 6.36% retracement level.

Daily Technical Indicators: [See EWG daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is above its signal line since April 3, 2018. This is an indication that the short-term trend is up.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.95
Williams' Percentage Range (W%R) 1.20
Strong Overbought
Lane's Stochastic (%D-Slow) 90.14
Strong Overbought
Greed/Fear Indicator (GFI) 86.31
Overbought
Moving Average Converg./Diverg. (MACD) -0.14
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 43.62
Williams' Percentage Range (W%R) 61.90
Lane's Stochastic (%D-Slow) 28.51
Greed/Fear Indicator (GFI) 37.33
Moving Average Converg./Diverg. (MACD) 0.36
Trading Signals
Description Value Chart
Yearly Trendline Resistance 35.63
Upper Bollinger Band 33.26
Price 32.89
Daily Stochastic Crossing 32.86
Yearly Trendline Support 32.56
50 Day Moving Average 32.52
20 Day Moving Average 32.14
Parabolic System 32.13
Weekly Stochastic Crossing 31.90
Lower Bollinger Band 31.42
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 31.31
Low Date 04/02/2018
High 33.00
High Date 04/13/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 31.27
Low Date 03/23/2018
High 33.00
High Date 04/13/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 31.20
Low Date 02/09/2018
High 33.52
High Date 02/16/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 35.87
High Date 01/24/2018
Low 31.20
Low Date 02/09/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 35.63
Support 32.56
Low 22.51
Low Date 06/27/2016
High 35.87
High Date 01/24/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.